Stonehouse Accountants Peterborough
Stonehouse Accountants Peterborough “ONE OF THE BEST FAMILY RUN ACCOUNTANCY FIRMS FOR YOUR FAMILY RUN SELF EMPLOYED BUSINESS AND LIMITED COMPANY!”
Stonehouse Accountants in Peterborough is a well established husband and wife partnership accountancy practice helping small to medium size business clients grow and prosper in Peterborough and further afield for the past thirty years.
We understand how family self employed business works and take the time to help other husband and wife self employed partnerships, sole traders, subcontractors and family owned limited companies with there income tax, book-keeping, PAYE payroll, VAT returns, annual financial accounts preparation and business and tax planning. We also support family business in their succession planning – which ultimately is the bridge many successful family run business’ will have to consider crossing.
A recent report* co-produced by Oxford Economics and The Institute for Family Business finds that H M Revenue & Customs Inland Revenue tax system is penalising family run business’ and presents the following facts and statistics for our consideration:
Two thirds (2/3) of all UK private-sector firms are family owned.
(The above) Private-sector firms employ 9.2 million people or (40%) of all private sector jobs.
Family business generated £1.1 trillion and paid £82Bn (eighty two billion pounds) in taxes in the last tax year 2010/2011 – which equates with 14% of annual Government revenue.
The current tax system penalises entrepreneurial family business.
200, 000 new jobs could be created if Inland Revenue employment rules were relaxed.
Here at Stonehouse Accountants we are well aware of the challenges facing many small family run business’ in these difficult economic conditions – but take heart – it will be small business’ such as ours, that will put their collective shoulder to the wheel and nose to the grind stone… and turn this country’s economy around – given a fighting chance.
EXPERIENCE COUNTS EVERY TIME!
I hope the above comments indicate what we do best here at Stonehouse Accountants – a firm of local experienced accountants looking after small business’ in Peterborough Cambridgeshire. If you’ve woken up to looking for the right accountant this financial year, then telephone
Frank Waller FCPA on Peterborough 01733 – 265888 who will be pleased to see he can help you succeed.
*source i business pages 14/11/2011